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8848 NW 5th Ave, El Portal FL 33150

Multi-family For Sale
$1,050,000

BTC: 13.79763469

ETH: 420.00000000

1 days
0 room(s)
3,311 sqft

Overview

Rare opportunity in the heart of El Portal. Unique triplex-style property consisting of 3 separate structures situated on an oversized lot, offering strong upside for investors and developers. Each unit is independently configured, providing flexibility for rental strategy, value-add renovations, or future redevelopment. Ideal for an investor seeking multiple income streams, expansion potential, or a long-term hold in a high-demand neighborhood with ongoing appreciation. Zoning and lot size may allow for additional improvements or reconfiguration (buyer to verify). Property is being sold as-is. Cash or renovation financing preferred. Survey is available. Prime location with proximity to Miami Shores, Biscayne Blvd, and major transit corridors. Do not miss this one-of-a-kind investment opportunity with growth potential in a sought-after area. Showings by appointment only. Buyer to perform all due diligence.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1938
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$317
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,050,000
$705K – $1.7M
Confidence Low
List vs. estimate
At estimate
List $1,050,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$317
+0.0% vs. city median $317
Based on
13 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $467K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,066
2025
Parking
3 spaces
All facts and features
  • Flooring

    • Concrete

    Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 30-31-01-002-0240

    • Zoning: 5100

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Other financial information

    • Annual tax amount: $13,066

  • Source details

    • MLS ID: A12088891

    Other facts

    • Construction Materials: Other

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Other

    • Living Area: 3311

    • Subdivision Name: PL OF HOME ACRES

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Grant and Associates Real Estate INC